Funding you earn now, next payment 03:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.012%
Price spread now: Bybit against Injective+0.100%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.926%+$193 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.100% dearer against Injective than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. Mind the row above: over the last 7 days funding on this pair paid +1.926%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SEI/USDC PERP | 0.05993 | 0.0156 | pay 0.0019% / 1h | 44m 22s | $9K | $43K | 12x |
| Short | Bybit SEIUSDT | 0.05999 | 0.0100 | get 0.0100% / 8h | 5h 44m | $14.3M | $35.7M | 50x |
Injective SEI/USDC PERP
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.72
- Price spread: +0.100% → 0.000%
- $10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.73
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.83 bp | 11.6 bp −$12 | 31.2 bp −$312 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SEI on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0815% / S +0.0444% | 1h | 0.06001 | +0.137% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0112% | 8h | 0.05981 | −0.193% | $320K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06001 | +0.142% | — | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06010 | +0.284% | $273K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06006 | +0.219% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06005 | +0.202% | $314K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06003 | +0.173% | $14.3M | $127.9M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.05999 | +0.100% | $14.3M | $35.7M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06001 | +0.133% | $3.2M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05998 | +0.083% | $1.1M | $3.4M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06001 | +0.133% | $34.9M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06003 | +0.167% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06001 | +0.133% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06004 | +0.184% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06023 | +0.501% | $119K | $592K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05993 | −0.008% | $208K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.050% | $109K | $665K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06006 | +0.217% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05995 | +0.033% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06001 | +0.129% | $78K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −0.267% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERPlong | +0.0156% | 1h | 0.05993 | long leg | $9K | $43K | 12x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06016 | +0.384% | — | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06002 | +0.150% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0473% | 1h | 0.06022 | +0.486% | $380K | $1.6M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0581% | 1h | 0.06022 | +0.484% | $10K | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.1180% | 1h | 0.06005 | +0.208% | $102K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Deribit SEI_USDC-PERPETUAL
dYdX SEI-USD